Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$288,592$288,592$314,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$26,318$0
Funding fee$0$0$0
Note rate7.070%7.070%7.400%
Blended rate7.620%7.735%7.640%
1st payment$1,996.12$1,996.12$2,180.37
2nd payment$0.00$197.38$0.00
Taxes / mo$354.22$354.22$354.22
Insurance / mo$150.00$150.00$150.00
MI / mo$136.55$136.55$62.98
HOA / mo$37.33$37.33$37.33
Total monthly$2,674.22$2,871.60$2,784.90
Cash to close$61,308$34,990$34,990